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Who was the mysterious fund for Hong Kong's rescue in 1998?

Joseph yam. Joseph Yam used the Exchange Fund to enter the Hong Kong market in 1998, absorbing blue chips at low prices to boost the stock market and inject liquidity into the financial market. Although there were some losses at that time, it effectively stopped international speculators from selling Hong Kong dollars and stocks. The investment surplus generated by the Exchange Fund after it entered the market is now TraHK, which has saved the market.